DATE: September 11, 2018
TO: Board of Supervisors
SUBMITTED BY: Steven E. White, Director
Department of Public Works and Planning
SUBJECT: Declare County Owned Real Property Surplus and Set Date to Sell County Owned Excess Property
RECOMMENDED ACTION(S):
TITLE
Adopt Resolution declaring surplus county owned excess property, a single-family residence, located at 472 Rio Frio Street, Mendota, CA 93640 (APN 013-214-08), and authorize the Clerk of the Board to publish a notice of intention to sell County owned excess property for a minimum bid of $90,000 by public auction on October 23, 2018 at 9:00 a.m. (4/5 vote).
REPORT
Approval of the recommended action will allow county owned real property surplus to be sold via public auction. The County foreclosed on the property through a Trustee sale on June 25, 2018. Single-family residences in the area of the county owned property are valued between $88,500 to $240,000. The property consists of a 1,297 square foot single-family residence on a 7,500 square foot lot. This item pertains to a location in District 1.
ALTERNATIVE ACTION(S):
Your Board may choose not to adopt the recommended action declaring county owned real property surplus, which will result in the County retaining ownership without the resources to maintain the property.
FISCAL IMPACT:
There is no Net County Cost associated with the recommended action. The proceeds of the sale will be returned to the County's Affordable Housing Program in accordance with the Federal grant regulations. The funds will be deposited into the Department of Public Works and Planning HOME Investments Partnership Program (HOME) trust fund - Org 1202, whereby the funds must be reused for ongoing eligible grant activities.
DISCUSSION:
The residence is located at 472 Rio Frio Street, Mendota, CA 93640. The property is a 3-bedroom, 2-bath, 1,297 square foot single-family residence, reconstructed in 2009. The County acquired the residence through foreclosure under the...
Click here for full text